Inter-Citic Minerals Inc ICMTF

Price target increased to $2.45

[ghost958]

Catherine Gignac,   NCP Northland Capital Partners(08/20/10)

"Price target increased to $2.45 from $2.20. . .ICI is advancing its Dachang Gold Project in China toward feasibility. We believe ICI presents an excellent opportunity to invest in a potentially high-return, low-cost gold project in China—the world's largest gold-producing country. Due to the scarcity of large global mines, the project could be attractive for a company already working in the region, a new entrant or a Chinese company. The share price currently reflects a discount to our development project.

NPV estimate of $2.43/share, which only incorporates 57% of all resources in the mine plan. Additionally, the shares currently do not reflect the value for inferred resources being upgraded with infill drilling and the blue-sky exploration potential on identified mineralized zones."

[dosco]

dont waste time.... have a look hear and in case please post near time--->pub/co/598?cover=1

[dosco]

I bought today and will continue as soon as I get money free ...someone forget to buy ICI in the last 3 weeks...they will step in so or so ... I am long!just do some DD by your own and sahre your thoughts in here...dosco